Welcome to our dedicated page for One Gas news (Ticker: OGS), a resource for investors and traders seeking the latest updates and insights on One Gas stock.
ONE Gas, Inc. (NYSE: OGS) is a 100-percent regulated natural gas utility serving more than 2.3 million customers in Kansas, Oklahoma and Texas. This news page aggregates company-issued updates and market-moving announcements related to OGS, giving readers a focused view of how the utility is operating and evolving within the natural gas distribution sector.
Investors following ONE Gas news can expect regular coverage of quarterly and annual financial results, earnings guidance updates and dividend declarations. The company frequently issues news releases in connection with its earnings calls and webcasts, where it discusses operating income, the impact of new rates, customer growth and capital spending for system integrity and expansion.
Because ONE Gas operates under state regulation in Oklahoma, Kansas and Texas, its news flow also includes regulatory developments. These may involve rate case filings, approvals of gas reliability or performance-based mechanisms, and updates on how regulatory decisions affect revenues and customer bills across its Kansas Gas Service, Oklahoma Natural Gas and Texas Gas Service divisions.
ONE Gas also publishes announcements about participation in investor conferences, changes in corporate governance such as board leadership transitions, and financing actions linked to its capital-intensive infrastructure program. Readers can use this page to monitor how the company communicates about its strategy, risk factors and long-term investment plans in its core territories.
By checking this OGS news feed regularly, market participants gain a centralized view of official company communications that may influence perceptions of earnings stability, regulatory relationships and the utility’s role in providing natural gas service in Kansas, Oklahoma and Texas.
ONE Gas (NYSE: OGS) announced a dividend increase of 3 cents per share for Q1 2023, bringing the total to 65 cents per share, resulting in an annualized dividend of $2.60. The dividend is payable on March 10, 2023, to shareholders of record by February 24, 2023. The company forecasts an annual dividend growth of 4% to 6% until 2027, with a target payout ratio of 55%-65% of net income. Additionally, ONE Gas narrowed its 2022 earnings guidance to a range of $4.06 to $4.10 per diluted share, translating to net income expectations between $221 million and $223 million, alongside roughly $655 million in capital investments.
ONE Gas, Inc. (NYSE: OGS) will participate in the BofA Securities Gas Utility Conference on Dec. 5, 2022, and the Wells Fargo Midstream, Utilities, & Renewable Power Symposium on Dec. 7, 2022, both in New York City. Key executives, including President Robert S. McAnnally and CFO Caron Lawhorn, will meet with investors at these events. Conference materials will be available on the ONE Gas website starting at 8 a.m. EST on Dec. 5. ONE Gas serves over 2.3 million customers across Kansas, Oklahoma, and Texas.
ONE Gas updated its financial guidance for 2023, expecting net income between $224 million and $238 million, with earnings per share of $4.02 to $4.26. Capital investments are projected at $675 million, focusing on system integrity and customer expansions in Texas and Oklahoma. For the five years ending 2027, net income is anticipated to grow by 7% to 9% annually. The company also expects to settle forward equity sales by year-end 2022, raising approximately $94 million in net proceeds.
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ONE Gas, Inc. (NYSE: OGS) reported a third quarter 2022 net income of $23.7 million, up from $20.3 million year-over-year. The company narrowed its 2022 financial guidance, expecting net income between $217 million and $226 million. A quarterly dividend of $0.62 per share was declared, payable December 1, 2022. Operating income also increased to $47.1 million, attributed to new rates and customer growth. However, capital expenditures rose to $174.9 million, reflecting investments in service expansion and system integrity.
ONE Gas, Inc. (NYSE: OGS) will announce its third quarter 2022 earnings after market close on October 31, 2022. The executive management team will hold a conference call on November 1, 2022, at 11 a.m. Eastern Time. Investors can access the call via the ONE Gas website, with options for phone participation and a subsequent 30-day replay available online. ONE Gas operates as a regulated natural gas utility, serving over 2.3 million customers across Kansas, Oklahoma, and Texas.
ONE Gas, Inc. (NYSE: OGS) reported a net income of $32.1 million, or $0.59 per diluted share for Q2 2022, up from $30.1 million and $0.56 per diluted share in Q2 2021. Year-to-date, net income reached $131 million, or $2.42 per share, compared to $125.7 million and $2.35 per share last year. Capital expenditures increased to $149.1 million for the quarter. The company reaffirmed its 2022 guidance, expecting net income between $215 million to $227 million and EPS of $3.96 to $4.20. A quarterly dividend of $0.62 per share was declared.
ONE Gas, Inc. (NYSE: OGS) has declared a quarterly dividend of 62 cents per share, payable on Sept. 1, 2022, to shareholders of record as of Aug. 15, 2022. This dividend is part of a projected annual dividend growth of 6% to 8% through 2026, aiming for a payout ratio of 55% to 65% of net income, pending board approval. Operating as a 100% regulated natural gas utility, ONE Gas serves over 2.3 million customers across Kansas, Oklahoma, and Texas, showcasing its position as a leading utility provider.
ONE Gas, Inc. (NYSE: OGS) will announce its second quarter 2022 earnings on August 1, 2022, after market close. The executive management team will host a conference call the next day, August 2, 2022, at 11 a.m. EDT, accessible via the ONE Gas website. A replay will be available on the website for 30 days, with a phone playback option for seven days.
ONE Gas serves over 2.3 million customers across Kansas, Oklahoma, and Texas, and is a regulated natural gas utility listed in the S&P MidCap 400 Index.
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